Wind farm

The sale covers Statkraft’s three operating wind farms, two in Scotland and one in Wales, with a total capacity of 142.2MW.

Statkraft will continue to manage and operate the wind farms, Alltwalis in Wales and Baillie and Berry Burn in Scotland.

Located north of Carmarthen in Wales, the 23MW Alltwalis wind farm features 10 turbines and has been operational since 2009.

The 52.5MW Baillie wind farm, which is situated near Thurso, North Scotland, has been operational since 2013.

Located near Inverness in the North of Scotland, the 66.7MW Berry Burn wind farm started operations in 2014.

The wind farms, Baillie and Berry Burn, feature 21 and 29 turbines respectively.

The three projects will be placed under a new holding company Wind UK Invest, 51% owned by Statkraft, with the remaining 49% stake held by Gingko.

Statkraft executive vice president Jon Brandsar said: "Statkraft is Europe’s leader in renewable energy and a long term investor in the UK renewables sector.

"We have firm growth ambitions in both onshore and offshore wind power. This agreement enables further growth through project development while at the same time maintaining our industrial role."


Image: The 52.5MW Baillie wind farm is situated near Thurso, North Scotland. Photo: Courtesy of Statkraft.